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New containership deliveries hit record 285,000 teu in June

As the flood of newbuildings ordered during in the container shipping boom in 2021 – 22 comes into the market nearly 300,000 teu of shipping capacity were delivered in June according to analyst Alphaliner.

Marcus Hand, Editor

July 5, 2023

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The record 285,000 teu of new containership capacity delivered in June is actually lower than the 400,000 teu range that Alphaliner had originally expected due to a mix of labour shortages in Asian shipyards and deliveries being pushed back due to the sluggish cargo market.

To put the volumes of new deliveries in perspective the 285,000 teu in June was just shy of the world’s 12th largest container line Pacific International Lines (PIL) entire fleet which stands at 297,133 teu, or higher than the typical quarterly delivery volume from 2019 – 2022.

Accounting for over one-third of the newbuild deliveries in June was the world’s largest container line MSC adding some 111,474 teu of capacity. MSC, which is growing rapidly with both newbuildings and secondhand ships, now has a fleet of 5.13 million teu putting in 985,000 teu ahead of its nearest rival Maersk at the start of July.

There were deliveries of five megamax boxships in the 24,000 teu range – two for MSC, and one each for OOCL, Hapag-Lloyd, and Ocean Network Express.

The record volume of containership deliveries seen in June looks set to continue in the coming months as the orderbook stands at 7.6 million teu, some 28% of the current fleet on the water.

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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